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Hexa Reports
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Pearlescent Pigment Market Size, Share, Trend Analysis,
Market Growth By Technology Application And Segment
Forecasts To 2022
The global pearlescent pigment market is expected to reach USD 547.8 million by 2022, according to a
new report by Grand View Research, Inc. Growing demand for high performance, high brilliance paints
on account of expanding automotive & construction industries in emerging markets is expected to
remain a key driving factor for the global market.
Shift in trend towards reducing VOC emissions and growing awareness regarding sustainability is also
expected to act as a vital determinant for market growth. Developed markets are anticipated to face
obstacles in the form of stringent regulatory norms, hampering market growth over the forecast period.
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Titanium dioxide (TiO2) coated mica pigment was the leading product segment with demand share
exceeding 35% in 2014. High consumption rates of these pigments across automotive, construction and
printing ink industries is expected to drive this segment over the forecast period. It is also expected to
witness the highest growth of 5.1% from 2015 to 2022.
Hexa Reports
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Iron/ferric oxide mica pigment is also expected to witness brisk growth owing to its high refractive
index, metallic luster, excellent hiding properties and weather resistance. Increasing application in the
cosmetics and printing inks sector is a major driving force for the product.
Further key findings from the report suggest:
Global pearlescent pigment market demand was 74.8 kilo tons in 2014 and is expected to reach 100.7
kilo tons by 2022, growing at a CAGR of 4.6% from 2015 to 2022
Paints & coatings was the leading application segment and accounted for 34.1% of total market volume
in 2014. Increasing...